Bloomberg Business

UK Would Work More Closely With Europe Under Labour Plans

A Labour government would work more closely with the European Union including by forming a new security pact as part of a “reset” of British foreign policy to reverse the nation’s “tarnished international reputation,” according to the opposition party’s shadow foreign secretary, David Lammy.

Key Takeaways From Musk’s Second Day of Testimony in Fraud Trial

Tesla Inc. CEO Elon Musk resumed testifying Monday in the trial of a securities-fraud lawsuit over his August 2018 tweet about taking the company private. Here are some key takeaways from more than four hours on the stand, and click here for our TOPLive blog:

Microsoft Invests $10 Billion in ChatGPT Maker OpenAI

Microsoft Corp. is investing $10 billion in OpenAI, whose artificial intelligence tool ChatGPT has lit up the internet since its introduction in November, amassing more than a million users within days and touching off a fresh debate over the role of AI in the workplace.

Texas Oil Industry Paid Record $24.7 Billion in Taxes Last Year

(Bloomberg) — The Texas oil and natural gas industry paid a record $24.7 billion in taxes and royalties last year, far exceeding the previous annual high of $16 billion set in 2019, according to the Texas Oil and Gas Association.

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